Oil: Imports
(asked on 24th June 2025) - View Source
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, whether he has made an assessment of the potential impact of replacing domestically refined oil with imported oil at Grangemouth on the UK's balance of payments.
Answered by
Michael Shanks
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 2nd July 2025
We do not expect a substantial impact as Grangemouth already imported more than 90% of its crude oil in 2023.